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Unlocking Climate Philanthropy: Milken Institute's Strategic Roadmap
Feb 24, 2025
As climate disasters intensify worldwide, philanthropic efforts remain underfunded, with only 2% of global donations directed toward climate mitigation. The Milken Institute's latest report, "Priorities for Strategic Climate and Environmental Philanthropy," underscores the urgent need for increased strategic giving to tackle climate challenges effectively.
Key Insights from the Report
The report is based on insights from 50+ expert interviews and provides ten key recommendations to help philanthropists maximize their impact. It highlights four strategic areas where philanthropic capital can drive significant change:
- Removing Financial & Logistical Barriers – Supporting early-stage climate projects that struggle with funding and implementation challenges.
- Scaling Proven Solutions – Expanding successful climate initiatives to broader regions and industries.
- Creating New Opportunities – Investing in innovative technologies and policies to accelerate climate action.
- Strengthening Climate Resilience – Enhancing community-based adaptation and disaster response mechanisms.
Why Strategic Philanthropy Matters
With climate-related risks threatening communities and ecosystems, strategic giving can amplify impact, de-risk investments, and attract further funding from public and private sectors. The report provides actionable insights for philanthropists looking to initiate or expand their climate contributions.
As the world races against time to mitigate climate change, targeted philanthropic efforts can bridge funding gaps, drive innovation, and create long-term environmental resilience. The Milken Institute’s report serves as a valuable guide for those eager to make a difference in the fight against climate change.